AskGuru Q&A Community

Good morning upgrader,

Its great hearing from you!

Process of private sale or purchase transactions is about the same.

1) Buyers and sellers agreed on a price
2) 1% option money issued
3) exercise with 4% and a valid letter of offer from bank within option period
4) settle stamp duties within 2 weeks from exercise date (purchase)
5) settle 15% CPF downpayment 2 weeks before completion date

I can send you a flowchart of a typical private transaction if you are keen.

As for the costs:

1) seller :

- legal fees and agent's commission

2) buyer:
- stamp duties (buyer's and mortgage)
- legal fees
- valuation fee

Hope my explanation helps!

Probably you can share more information so I can further assist and advise with a financial plan.

Hope to hear from you soon! Cheers!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES

(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com Read More

Morning,

As buyer of private property, you are not required to pay commission hence your direct cost will be more on sales of your unit. Understanding your financial status would be critical for us to plan a smoother route for your upgrade. We can meet up for discussion and I can then advice you accordingly.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

Hi there,

There is no agent fees involved for your private property purchase. There are quite a number of projects in the vicinity your mentioned that are offering great star buys promotions especially one I know of in the Bukit Timah Area.

Please feel free to contact me at 96659926  for a non obligatory discussion for me to better understand your requirements and specifications to be in a better position to advise you further in the most detailed and thorough manner, to explore your purchase options and run through your financial plans. I will walk you through the entire process.

To value add your understanding, I will provide you with a comprehensive sales report of properties in the desired location, make available to you recent live sales transactions caveats for your understanding,share on financial calculations/ loan related matters and make available rental yield projections, if needed as well as future capital appreciation stakes. As the transaction of a property involves matters of finances and legality, I have my partners whom I work closely with to assist you immediately on all queries pertaining to the relevant field, which makes it hassle free!

Visit my website to view my testimonials & recent awards to gather more information on me: www.kumarrai.com

Look forward to hearing from you!

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com
www.singapore-newproperties.com.
contactdkumarrai@gmail.com

About Me-

ERA Top Achievers 2013/14
ERA Multi-Million Dollar Club Award
2014 ERA Asia-Pacific Business Conference Elite Award

P Group-
2014 Overall Top Achievers
2014 December ERA Top Achievers
2014 3rd Quarter ERA Top Achievers
2014 August ERA Top Achievers
2014 September ERA Top Achievers Read More

Good day sir / madam .

No commission chargeable when i serve private property buyer .

My charges are 1% comm for exclusive selling rights to your property .

Kindly contact me for a no-obligations chat for your property needs .

Joanne chia
Hp 8333 3327  Read More

Hi, to advise and assist you more accurately, I would need to gather more details from you. Kindly drop me an email to kick start the communication.

I can be contactable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More

Dear upgrader,

Supposed you have done the relevant financial assessment for this upgrade, the usual fees involved in selling a property will be commission to the salesperson, legal fees as well as probable admin charges by the bank to discharge your bank loan. For purchasing, legal fees also apply.

Do furnish me with more information on your existing property as I have a keen buyer looking to purchase a 3 bedrooms unit in the west and can perhaps match her to your unit. At this point of time, I would say that you should probably focus in finding a buyer who is willing to pay the right price for your property first as the supply of units out there to fit your purchasing requirements should be relatively healthy, unless you have very niche requirements.

Get in touch with me for more details perhaps?

Visit and Like my facebook page at https://www.facebook.com/propertyblogshop/

New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/

Regards,

Geryl LIM
Real Estate Director
Masters Of Real Estate
M.O.R.E Property Pte Ltd (L3010548F)
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com

M.O.R.E Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! Read More

Hi Owner.
Have u already started marketing your unit? I would love to have a detailed discussion with you,giving you options of selling 1 unit and getting 2 more without incuring absd for passive income. Look forward to hear from you.
Tricia Tan
www.triciatan.myweb.sg Read More